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SPRINGVILLE, IN 47462

Real Estate Market Report  ·  Lawrence County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SPRINGVILLE, IN real estate market (47462) currently shows 13 active listings, with 5 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 66 days on market compared to 39 days last year.

The median listing price has fallen 11.1% year-over-year, from $559,500 to $497,425.

Whether you are buying or selling in SPRINGVILLE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,026  ·  Density: 24.7/mi²  ·  Median household income: $89,494

Typical home value: $179,501  ·  Homeownership: 91.4%

Market Overview

Active Listings
13
⇧ 62.5% vs 8 last year
Pending
5
38% pending ratio
Median Price
$497,425
⇩ 11.1% vs $559,500 last year
Average Price
$442,987
⇩ 27.5% vs $610,950 last year
Days on Market
66
⇧ 69.2% vs 39 days last year

Price Per Square Foot

Median $/sqft
$203
⇩ 12.5% vs $232/sqft last year
Median Home Size
2,431 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 8 last year
  • Days on market: 66 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $497,425 (-11.1% YoY)
  • Average: $442,987 (-27.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.8 miles — 506 listings ($203,213,789 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47462Springville, IN 474620.0 mi9$4,206,906$532,363$467,434
47434Harrodsburg, IN 474346.7 mi1$132,500$132,500$132,500
47403Bloomington, IN 474039.1 mi111$39,552,075$287,000$356,325
47522Crane, IN 475229.8 mi2$375,000$187,500$187,500
47421Bedford, IN 4742112.4 mi120$37,621,200$254,900$313,510
47401Bloomington, IN 4740113.8 mi194$104,939,256$420,500$540,924
47446Mitchell, IN 4744616.7 mi48$11,370,384$209,000$236,883
47449Newberry, IN 4744918.5 mi1$220,000$220,000$220,000
47264Norman, IN 4726420.7 mi1$335,000$335,000$335,000
47581Shoals, IN 4758121.6 mi4$1,130,600$298,500$282,650
47465Switz City, IN 4746522.2 mi1$85,000$85,000$85,000
47469West Baden Springs, IN 4746923.5 mi12$3,046,068$260,250$253,839
47443Lyons, IN 4744323.8 mi2$199,800$99,900$99,900

Frequently Asked Questions

How many homes are for sale in SPRINGVILLE, IN 47462?

As of March 2026, there are 13 active listings in SPRINGVILLE, IN (zip code 47462), compared to 8 the prior year.

What is the median home price in SPRINGVILLE, IN 47462?

The median listing price in SPRINGVILLE, IN 47462 is $497,425 as of March 2026, a 11.1% decrease from $559,500 the prior year.

How long do homes stay on the market in SPRINGVILLE, IN?

Homes in SPRINGVILLE, IN 47462 spend an average of 66 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in SPRINGVILLE, IN 47462?

Based on current inventory and days-on-market data as of March 2026, SPRINGVILLE, IN 47462 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 39 days last year.

How much can I save on real estate commission in SPRINGVILLE, IN?

With SELL123.com's maximum 3% commission, sellers in SPRINGVILLE, IN 47462 save an estimated $9,949 compared to a typical 5% commission on the median listing price of $497,425. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.